The meeting was held to discuss potential strategies for further expanding the reach of UPI
Indians can now receive remittances from Singapore directly into their bank accounts on real-time basis through major UPI and bank apps, like SBI, Axi
You no longer need to enter the Card Verification Value when making payments with tokenised cards
Bank account holders of State Bank of India (SBI), Axis Bank and ICICI Bank will be unable to make UPI transactions through credit cards for now.
NPCI has issued new guidelines for UPI platforms regarding prepaid vouchers dismissing the need for UPI apps or bank accounts altogether
This is the first time since April 2020 that UPI transaction figures have gone down
Overall UPI transactions in February drop marginally while Google Pay remains at second position. RBI planning a parallel body to NPCI to bolster digi